Watch Our Video The bouquet of financing will enable CRDB to significantly impact the socio-economic growth of East Africa. The series drew over 200 representatives from banks and other financial institutions, governments, policymakers, and entrepreneurs in Tanzania for three days of exploring opportunities to reduce the $42 billion financing gap for women-led small and medium enterprises. The partnership will support lending to entrepreneurs across all sectors while also particularly increasing green financing. The 2X Challenge accreditation is awarded to organizations that aim to advance opportunities for women to steer economic growth. The program is an initiative of the Youth Entrepreneurship and Innovation Multi-Donor Trust Fund. This portfolio guarantee is backed by the AFAWA Guarantee for Growth program, which aims to unlock up to $3 billion in loans for women entrepreneurs in Africa. AGF has issued a portfolio guarantee line amounting to CFAF 1.6 billion to Ecobank Benin to support SMEs, women’s entrepreneurship and the green economy. The facility will fuel the growth of SMEs, women-led businesses and climate-friendly investments in Kenya.